Mr. Fahd Al-Rasheed

Group CEO and Managing Director
Emaar Economic City (EEC)

Profile

Fahd Al-Rasheed is the Group CEO of Emaar Economic City (EEC), a publicly listed company leading the development of one of the largest private sector projects in the world, King Abdullah Economic City (KAEC). KAEC is being developed as a world-class city on the Red Sea in the Kingdom of Saudi Arabia, with a capacity to host a population of two million people and a planned investment of over USD 100 billion. Under Al-Rasheed's leadership, KAEC developed the first private mega container port in the region and attracted more than 120 leading global and regional companies to establish their manufacturing presence, making KAEC a global logistics and manufacturing hub. Prior to joining EEC, Al-Rasheed held the post of CFO and Deputy Governor of the Saudi Arabian General Investment Authority (SAGIA). Previous to his work in SAGIA, Al-Rasheed worked for Saudi Aramco’s Finance Division where he led strategic initiatives in investments and corporate finance.

Al-Rasheed serves on the boards of several organizations including EEC, King Abdullah Port, Harvard Kennedy School Dean’s Council, the Red Sea Foundation, Petromin, Saudi Airlines Catering Company, College of Business and Entrepreneurship with Babson Global, the New Cities Foundation, and the Foundation Board of the Global Shapers of the World Economic Forum. Al-Rasheed was honored as a Young Global Leader by the World Economic Forum in 2011.

Al-Rasheed holds a bachelor’s degree in Business Administration from Washington University in St. Louis and an MBA from the Stanford Business School.